Category Archives: Money

Wouldn’t it be great if you could make as much money as you want, whenever you want? To have the ability to simply wish upon a million dollars and make it so? Immediately.

Unfortunately, most of us are not there quite yet. But don’t despair! The key to improving our finances and any other way we are rewarded is to understand and correctly implement the Law of Compensation.

Ralph Waldo Emerson says in his famous Law of Compensation essay, “Every act rewards itself.” What this means is when we do our tasks the best we can, we bring out the best in ourselves. When we become too large for where we are right now, we will then draw something larger to us, which might be more money, more love, more confidence, etc. (The Law does not limit itself to money alone as compensation.)

What’s important to know about the Law of Compensation is that we cannot draw something bigger to ourselves until we first become larger. It is our responsibility to become larger and continue to grow. We can do this by using the Law of Cause and Effect and implementing “causes” in our life that will lead to the effect we seek.

It is the order of nature to grow.

Scientists tell us that the Universe and everything in it is growing and always has been. It is the order of nature to grow and expand. Each of us is designed for progress and growth because it is the nature of human beings to grow and expand. If we are not growing we are dying.

Just as a crab molts and sheds it outer shell, we must do the same as we grow. Yet we often resist this personal expansion! We hang on to old friends, jobs we don’t like, beliefs that are no longer true for us, and even our faith that no longer serves us. We resist releasing old friends. We idealize the old times, the old us, not believing we can recreate the amazing times of the past.

The truth is when we do this we don’t grow. In fact, we impair the Law of Compensation. We can’t make more if we don’t become more. We can’t become more if we are hanging on tightly to the old.

Here are three steps you can take to use the Law of Compensation more effectively:

Do you give more than we are paid for? Examples include going through the motions of projects and doing what’s required but not having enthusiasm or caring about the results. Doing what’s expected and nothing else. You can counter this by being fully present in the moment and completing tasks with intention for positive outcomes. These are just two ways to break through the monotony of repetition or boredom.

Implement causes in life that will lead to the desired effects. For example, if you desire to double your income, the possibility needs to be there that it can happen. If you are working the maximum number of hours a day at a fixed rate, the income has no opportunity to change. There needs to be a definite plan, along with the demand and expectation, to make more.

Evaluate what you are hanging on to that needs to be let go. You can use your intuition here and trust what comes up – even if you don’t like it! Go through friends, jobs, homes, foods, lifestyle, spiritual practices, religions. Anything that comes up is game.

The Law of Compensation is an obedient Law. It is important to remember that we cannot draw something bigger to ourselves until we first become larger. No one will do this for us, and it requires us to be self-motivated, maintain a sense of urgency, and take repeated action.

Lori is a realtor and has worked part-time in the field for a few years. Her main source of income is a passive income stream she set up several years ago, and she relies on this weekly check to cover all her expenses and pay her bills. Any other income, including her real estate income, she considered extra.

The real estate clients she worked with came to her without much effort. She enjoyed working with each of them and really considered it play rather than “work”. She also only gave a small part of herself to this endeavor, not taking much risk and not playing full-out at the same time.

Lori’s confidence in her passive income stream was beginning to waiver, and she considered getting a job to replace the consistent income she relied on each week.

Within a month Lori was offered a job. She was asked to ‘name her salary’, they wanted her badly. She meditated on it and wasn’t sure she actually wanted the job, so she offered a high number she didn’t think they would accept. Which they did.

Taking time to consider her options and working full-time, even with opportunity for growth and expansion, didn’t feel right. It wasn’t appealing to her. Trusting herself she told them no. She offered an alternative to work four hours a day, part-time as a contractor, thinking that would solve her problem. They accepted that offer and she still told them she wanted to think about it some more.

Lori shares that there was something not feeling right about working in this way. While she really wanted the steady and secure income, she was hesitating. She meditated deeply on it and asked her intuition what to do. She decided again, not to take the position and offered them two other qualified people to consider.

Lori realized she had a belief that to be financially secure she needed job or committed paycheck. She was putting her faith in controlling HOW the money came to her rather than focusing on the Universal Principle of the Law of Supply and knowing that the money would come to her.

Lori set an intention that she would build her real estate business so she could live exclusively on that income.

That very week Lori received two new real estate clients!

Lori asked and trusted her intuition not to accept the job, trusting in her next step. Lori didn’t know exactly how she would meet her goals of consistent income and replacing her passive income stream. She did listen to herself and take what seemed to be an illogical step at the time, yet trusted what she knew to be true for her.

Overview

Belief – Need a check from a company or outside source for steady income/financial security.Practices leading to change – Strengthened intuition through meditation practice. Examined belief in where money comes from. Her belief in supply.Universal Law in play – Law of SupplyIntention – Increase income from existing passive income stream (weekly check) and real estate career.

One of the things that stood out for me from my interview with NYT best-selling author Jen Sincero was a statement she made about being in the game. You want to make money. Perhaps you also want freedom, flexibility, to enjoy what you do and to feel like you are contributing to society.

In order to create any of that you’ve got to be swinging the bat and trying, at a minimum, to play the game. You have got to be playing in order to have even a slight chance of winning!! There are different levels to playing, but being in the game means you are doing more than ‘thinking about’ how you’d like to double your income and have a house on the beach. It means you are actively doing something to make it happen.

How are you playing the game is the next question to pose to yourself

There’s being in the game to win and there’s being in the game to not lose. And there’s sticking your toe in the water so you can say you are in the game but you aren’t really playing at all. You may not know your exact path to wealth right now, but taking action is how you figure it out. Taking big, focused action is how you play.

I was recently speaking with someone about his new business (over a few months) and he keeps putting off starting it because he didn’t know all the answers. He didn’t have everything figured out and was waiting to start until he did. He was taking weeks to do vision boards and attending networking groups in the hopes of knowing exactly who his clients would be and what they would want from him. And THEN he was going start reaching out and selling.

This idea of having it all figured out before you start quickly leads to broke and a business that never has a chance of making money because it never gets started. You aren’t helping anyone by thinking and planning and not taking action. You aren’t helping yourself by playing it safe.

Showing up vs actually playing

Other folks THINK they are in the game because they have a website and may network here and there, but they aren’t truly playing. They play in the realm of their comfort zone, which may be spending hours a day posting on social media or attending a networking event here and there. There is not much sales or business conversation happening. They show up and talk the talk, but they aren’t walking the walk. Results speak for themselves.

Like Jen said in our Fresh Tracks interview, there’s this place where you just have to get in the game and get started if you want to accomplish anything. Most of it you’ll figure out as you go along. If you aren’t even playing the game you can’t expect to win.